Multi-Family for Sale: 3935 South Grand, St Louis, MO 63118

23,900 sqft
$550,000
$550,000
3935 South Grand, St Louis, MO 63118
23,900 sqft
$550,000
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Walk Score
80
Price:
$550,000

Type: Multi-Family
Square Feet: 23,900 sqft
Lot Size: 0.13 acres
Year Built: 1926
Assoc Fee Paid: None
Taxes Paid: $4,066

City: St Louis
Area: Central East
County: St Louis City
School District: St. Louis City
Subdivision: Belz Add

MLS: 21076632
Status: Active
DOM: 33 days
Opportunity to purchase a value add property located just a short walk to all of the shops and restaurants on S. Grand. There are a number of renovation projects happening in the area and rents have steadily raised over time. Built in 1926 with seven 2 bed apartments, seven 1 bed apartments, 3 studios and two commercial spaces. The commercial spaces are 1,920 sq ft and 1,480 sq ft and would generate approximately $12 per sq ft gross. The Building has been gutted and is ready for rehab and permits have already been approved for construction. Projected market rent after renovation is $850 for the 2 beds, $750 for the 1 beds, $650 for the studios, $1,920 and $1,480 for the commercial spaces. The building has a garage on the first floor for the tenants. There are building plans available to review. Property needs a full renovation and is being sold as-is.

Lot & Building Features

Assoc Fee Paid: None
Construction: Brick/Stone Msn Pred
Cooling: None
Heat Source: Other
Heating: Other/None
Parking Description: On Street Parking, Parking Garage
Sewer: Public
Tax ID: 2588-00-0190-7
Tax Year: 2020
Taxes Paid: $4,066
Water: Public
Water Heater: Other
Lot Dimensions: 57x125x94x130 ft

Community and Schools

Elementary School: Froebel Elem.
Junior High School: Fanning Middle Community Ed.
Senior High School: Roosevelt High

Price History of 3935 Grand, St Louis, MO

Date Name Price Difference
10/27/2021 Listing Price $550,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3935 Grand, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Wayne Failoni
Direct: 314-772-8407
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by Invest St. Louis, Jordan Schoen
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Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Invest St. Louis

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